# Multicoin Capital's Web3 & Crypto Investments: 45 Startups in Its Portfolio (2026) > The 45 Web3 & Crypto startups Multicoin Capital has backed, by stage: $2.6B raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/multicoin-capital-web3-crypto-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Pre-seed and seed 20 - [*H* Helium](https://millionrounds.com/company/helium) - [Drift](https://millionrounds.com/company/drift) - [Ren Labs](https://millionrounds.com/company/ren-labs) - [P2P me](https://millionrounds.com/company/p2p-me) - [PORTALS](https://millionrounds.com/company/portals) - [DFlow](https://millionrounds.com/company/dflow) - [Yield.xyz](https://millionrounds.com/company/yield-xyz) - [Enso Finance](https://millionrounds.com/company/enso-finance) - [zkMe](https://millionrounds.com/company/zkme) - [*D* dfuse](https://millionrounds.com/company/dfuse) - [UXD Protocol](https://millionrounds.com/company/uxd-protocol) - [Geode Finance](https://millionrounds.com/company/geode-finance) - [Tibles](https://millionrounds.com/company/tibles) - [marginfi](https://millionrounds.com/company/marginfi) - [saffron.finance](https://millionrounds.com/company/saffron-finance) - [OpenOcean](https://millionrounds.com/company/openocean) - [Trasia Labs](https://millionrounds.com/company/trasia-labs) - [dForce](https://millionrounds.com/company/dforce) - [Grape Network](https://millionrounds.com/company/grape-network) - [Filebase](https://millionrounds.com/company/filebase) ## Stage not reported 16 - [Forward Industries](https://millionrounds.com/company/forward-industries) - [*DF* Dfinity Foundation](https://millionrounds.com/company/dfinity-foundation) - [StreamingFast](https://millionrounds.com/company/streamingfast) - [Across Protocol](https://millionrounds.com/company/across-protocol) - [Mezo](https://millionrounds.com/company/mezo) - [*NN* Nervos Network](https://millionrounds.com/company/nervos-network) - [*SN* Skale Network](https://millionrounds.com/company/skale-network) - [Audius](https://millionrounds.com/company/audius) - [RabbitX](https://millionrounds.com/company/rabbitx) - [GEODNET](https://millionrounds.com/company/geodnet) - [FastLane](https://millionrounds.com/company/fastlane) - [Beta Finance](https://millionrounds.com/company/beta-finance) - [Hubble Protocol](https://millionrounds.com/company/hubble-protocol) - [*A* Arweave](https://millionrounds.com/company/arweave) - [The Graph](https://millionrounds.com/company/the-graph) - [Sommelier](https://millionrounds.com/company/sommelier) ## Series A 9 - [Sei Labs](https://millionrounds.com/company/sei-labs) - [Verona](https://millionrounds.com/company/verona) - [XION](https://millionrounds.com/company/xion) - [P0x Labs](https://millionrounds.com/company/p0x-labs) - [Manta Network](https://millionrounds.com/company/manta-network) - [Tagomi](https://millionrounds.com/company/tagomi) - [Community Gaming](https://millionrounds.com/company/community-gaming) - [Web3Auth](https://millionrounds.com/company/web3auth) - [Mountain Protocol](https://millionrounds.com/company/mountain-protocol) ## Segment by segment ### Pre-seed and seed 20 startups · $437M raised - [*H* **Helium**](https://millionrounds.com/company/helium) United States $271M - [**Drift**](https://millionrounds.com/company/drift) Australia $100M - [**Ren Labs**](https://millionrounds.com/company/ren-labs) Ren Labs is a multichain technology. Australia $7.5M - [**P2P me**](https://millionrounds.com/company/p2p-me) P2P.me is a decentralized, non-custodial peer-to-peer platform that facilitates USDC and fiat currency swaps. Panama $7.2M - [**PORTALS**](https://millionrounds.com/company/portals) Portals is a no-code, in-browser game platform that enables anyone to unleash creativity to build and explore immersive, monetizable games. United States $7.0M - [**DFlow**](https://millionrounds.com/company/dflow) DFlow is a decentralized order flow marketplace platform dedicated to providing retail traders with liquidity source support. Nicaragua $5.5M - [**Yield.xyz**](https://millionrounds.com/company/yield-xyz) Yield.xyz is a leading Web3 yield infrastructure platform that offers a unified, non-custodial API for integrating a wide range of United States $5.0M - [**Enso Finance**](https://millionrounds.com/company/enso-finance) The world's first intent engine powering the intent-centric future. Switzerland $4.2M ### Stage not reported 16 startups · $2.0B raised - [**Forward Industries**](https://millionrounds.com/company/forward-industries) Forward Industries, Inc. United States $1.6B - [*DF* **Dfinity Foundation**](https://millionrounds.com/company/dfinity-foundation) Switzerland $102M - [**StreamingFast**](https://millionrounds.com/company/streamingfast) StreamingFast is a web3 builder and investor. Canada $60M - [**Across Protocol**](https://millionrounds.com/company/across-protocol) Across Protocol is a cross-chain interoperability protocol and bridge designed to facilitate the transfer and swapping of assets b United States $41M - [**Mezo**](https://millionrounds.com/company/mezo) Mezo offers property maintenance and provides visibility from the point of intake to avoid unnecessary trips and reduce cost. United States $33M - [*NN* **Nervos Network**](https://millionrounds.com/company/nervos-network) China $28M - [*SN* **Skale Network**](https://millionrounds.com/company/skale-network) United States $17M - [**Audius**](https://millionrounds.com/company/audius) Audius is a decentralized music streaming platform that connects artists directly with fans, allowing for full ownership of their content. United States $11M ### Series A 9 startups · $190M raised - [**Sei Labs**](https://millionrounds.com/company/sei-labs) Sei Labs is the layer 1 blockchain uniquely optimized for DeFi. United States $30M - [**Verona**](https://millionrounds.com/company/verona) Verona introduces people who want to cross a divide. United States $25M - [**XION**](https://millionrounds.com/company/xion) AI / ML focused subsidiary of GuardX in APAC region, based in Singapore. United States $25M - [**P0x Labs**](https://millionrounds.com/company/p0x-labs) p0x Labs is a blockchain technology company based in Santa Cruz, California, founded in 2020 by Kenny Li, Shumo Chu, and Victor Ji. United States $25M - [**Manta Network**](https://millionrounds.com/company/manta-network) Manta Network is building a secure and interoperable future with Zero-Knowledge. United States $25M - [**Tagomi**](https://millionrounds.com/company/tagomi) Tagomi is a cryptocurrency trading platform that provides access to priced liquidity, low commissions, and maximized client return. United States $23M - [**Community Gaming**](https://millionrounds.com/company/community-gaming) Community Gaming is a leading grassroots esports platform that empowers gamers to monetize their passion through competitive tournaments. United States $16M - [**Web3Auth**](https://millionrounds.com/company/web3auth) Web3Auth makes cryptographic key management easy for users and applications Singapore $13M **How this map is made.** Every startup here works in Web3 & Crypto and has raised money in a round we track that names Multicoin Capital as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Multicoin Capital portfolio map** 80 startups · $8.7B](https://millionrounds.com/portfolio-maps/multicoin-capital-portfolio-map)[Co-investors **Who invests with Multicoin Capital** 75 co-investors](https://millionrounds.com/portfolio-maps/multicoin-capital-co-investors)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio) ## Raising from investors like Multicoin Capital? 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